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the 24% or 23.8% is on highest, highest, talking warren buffett incomes at that point? >> you know, there is lot going on in the economy at any time other than the capital-gains tax rate. i am saying that if we raise it too high, we do risk killing high-tech investment. so, you know, there is a lot of economists frankly argue that our tax rate on capital gains ought to be zero. in fact there are about a dozen high-income countries like netherlands, new zealand, mexico, have capital-gains tax rates of zero. so i think the benchmark here is zero because capital gains is so important. it actually represents double taxation. capital gains income is already taxed at the corporate level. we don't need to tax it again at the individual level. adam: forgive my tax ignorance here but i do have a question that might be important. if i'm a u.s. citizen and say i invest in another country, when i sell that investment do i pay the capital gain to that country or do i pay it in the united states since i'm a citizen of the u.s.? >> pay both but then you get what is called a foreign ta
the 24% or 23.8% is on highest, highest, talking warren buffett incomes at that point? >> you know, there is lot going on in the economy at any time other than the capital-gains tax rate. i am saying that if we raise it too high, we do risk killing high-tech investment. so, you know, there is a lot of economists frankly argue that our tax rate on capital gains ought to be zero. in fact there are about a dozen high-income countries like netherlands, new zealand, mexico, have capital-gains...
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>> well i would bring in people smarter than me, like warren buffe buffett. i would put them in a room and say, what would you do? you're the best there is, give us advice, what do you think we ought to do? then make sure politicians listen to them. >> same thing to you, david. if there is one thing that you could have done in congress, that is pro your business, what would it be? >> rule one for me is moratorium on blaming at each other and gripe at each other even get serious about moving forward. same as you just heard. the real issue is growing the total pie. and we can do that. it is tax rate driven. i agree. some understanding of what is coming at us. we are all raring to go and know what what to do. we are getting squeezed some to say, maybe they are growing faster, let's jump on that. we opened two plants in brazil and two in the u.s. that ratio cleared when we see more in the u.s. >> larry, bottom line, will 2013 be a better year economically than 2012? >> i want it to be. i just don't know what they are going to do in washington. again, if they will
>> well i would bring in people smarter than me, like warren buffe buffett. i would put them in a room and say, what would you do? you're the best there is, give us advice, what do you think we ought to do? then make sure politicians listen to them. >> same thing to you, david. if there is one thing that you could have done in congress, that is pro your business, what would it be? >> rule one for me is moratorium on blaming at each other and gripe at each other even get...
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people like warren buffett and others who are on the left side of the argument, they say, look, living in this country is -- the -- this country has given them the ingredients to be successful, and, you know, should have to give back for that. there are two very different philosophies about the estate tax. at least here, in the beginnings of the frameworks of the still moving target that is this deal, let's be clear about that, looks like 40% and $5 million, a slight increase in the estate tax, but it wouldn't be as bad as republicans had feared if we went over the cliff. >> there is also that question of just being able to send what you've made in your lifetime as an inheritance on to your next generation or giving it to the government, right? >> that's exactly what it is. it is a fight they have had sort of -- this is a perennial fight the estate -- the death tax. even the language used about is is very coded language. but what republicans have long said is that the estate tax is something -- the death tax, whatever you want to call it, is something that punishes success. >> and when
people like warren buffett and others who are on the left side of the argument, they say, look, living in this country is -- the -- this country has given them the ingredients to be successful, and, you know, should have to give back for that. there are two very different philosophies about the estate tax. at least here, in the beginnings of the frameworks of the still moving target that is this deal, let's be clear about that, looks like 40% and $5 million, a slight increase in the estate tax,...
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they are showing the ultra wealthy can show very little income, warren buffett is not worried about, you know, someone that has a net worth of let's say less than 5 million dollars pays more taxes, i mean he's got so much money he will never see most of the money he's got. it is a completely different game. stuart: it is a different game. but now address those people, the strivers of this world who have income on the books, very high income, whether they're sports people or entertainers or whatever it is they do, entrepreneurs, for example, how do they feel about the higher tax rates which are really going to hurt them and many of them actually voted for it? how do they feel now? >> well, i don't think they feel very good at all. i mean i can't find anyone, stuart, who is happy about this situation. of course at this point, right now, hours away from going over the cliff, we don't even know what the rules are. so i don't think people, even people that voted for president obama know what the rules are. so i'm not sure we can really say if they're happy or not because what's -- how can
they are showing the ultra wealthy can show very little income, warren buffett is not worried about, you know, someone that has a net worth of let's say less than 5 million dollars pays more taxes, i mean he's got so much money he will never see most of the money he's got. it is a completely different game. stuart: it is a different game. but now address those people, the strivers of this world who have income on the books, very high income, whether they're sports people or entertainers or...
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i'm very warren buffetty, if that's a word, in that regard. i think the u.s. will figure it out. >> at the same time you can think there may be decent returns for u.s. equities in the next year. that doesn't mean those will be the best returns around the world. perhaps we've already seen sort of a rotation out of u.s. equities and into other markets which have seen much better returns for the past year. >> look at germany. a lot of -- >> hong kong, germany, you name it. >> germany up 29% year-to-date. that has a lot to do with the ucb and the eurozone. this is a relative gain. lost in this conversation for a lot of u.s. investors, they are u.s. investors. they can't really invest globally to the same degree that we talk about, we say germany is up 29%, for a lot of investors that's out of their reach. >> if we didn't have the cliff today, we would have best trades of the year, jamie dimon buying jpmorgan when the whale hit. things looked really dark. some of the best trades happened obviously when it looked like the stocks were in for real trouble. >> look at
i'm very warren buffetty, if that's a word, in that regard. i think the u.s. will figure it out. >> at the same time you can think there may be decent returns for u.s. equities in the next year. that doesn't mean those will be the best returns around the world. perhaps we've already seen sort of a rotation out of u.s. equities and into other markets which have seen much better returns for the past year. >> look at germany. a lot of -- >> hong kong, germany, you name it....
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seeks the democratic nomination, compared to 66% for joe biden. 56% andrew cuomo, 52% for elizabeth warren. 75% would be very or somewhat likely to support paul ryan in 2016. 59% for new jersey governor chris christie. 58% for marco rubeio. 51% for former florida governor jeb bush. president obama plans to submit gun control legislation to congress in 2013. that will deal with assault weapons specifically, as well as background checks on gun sales. as you might realize, it's spurred on by the school massacre in newtown, connecticut, killed 20 children and 6 adults. murdered his mother and killed himself. speaking yesterday on "meet the press," the president says something has to fundamentally change in this country. that newtown shootings cannot feel like what he called a routine episode. >> that was the worst day of my presidency, and it's not something that i want to see repeated. >> vice president joe biden is leading a task force that will submit legislative proposals to the president in january. >>> also, happy new year, new zealand. auckland. and the start of 2013 with the fireworks
seeks the democratic nomination, compared to 66% for joe biden. 56% andrew cuomo, 52% for elizabeth warren. 75% would be very or somewhat likely to support paul ryan in 2016. 59% for new jersey governor chris christie. 58% for marco rubeio. 51% for former florida governor jeb bush. president obama plans to submit gun control legislation to congress in 2013. that will deal with assault weapons specifically, as well as background checks on gun sales. as you might realize, it's spurred on by the...
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you spoke to warren buffet. what's his take on all of this? >> yeah, i asked him for his take. ever the optimist long term with regards to the u.s. economy. he gave us a statement as well. he said "the american economy has worked well since 1776, albeit with periodic and sometimes severe interruptions, and will continue to do so. berkshire will invest a record amount again in 2013 in plant and equipment. what's right with america far outshadows what's wrong with washington." now, some could argue if we do get past this fiscal cliff and address the debt ceiling, 2013 could actually be a good year for the economy. the housing market continues to recover. we do see an energy boom, as well, but, you know, i spoke with former treasury secretary robert rubin, as well and i think he summed it up by saying this really was a missed opportunity that we're seeing right here for some sort of grand bargain for a big deal to address the debt limit here and so far we haven't been doing that. >> and, bianna, i would not count on these guys finally getting their act together in any significant
you spoke to warren buffet. what's his take on all of this? >> yeah, i asked him for his take. ever the optimist long term with regards to the u.s. economy. he gave us a statement as well. he said "the american economy has worked well since 1776, albeit with periodic and sometimes severe interruptions, and will continue to do so. berkshire will invest a record amount again in 2013 in plant and equipment. what's right with america far outshadows what's wrong with washington."...
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there is not a lot of spare savings and that is why people like elizabeth warren and her daughter wrote about the two income trap for working parents. even people who consider themselves middle-class or by economic means middle-class, e they don't have a lot of room for error. and when you talk about breaks in employment, you dip into savings and people dip into the retirement funds, so fiscal cliff, we are talking about the national culture whereby in large, we don't have a pad of savings to deal with things like health care costs that we didn't expect or, you know, family income that is missing. so it is part of a bigger picture. >> and if we ef did, that wealth, and that cushion existed in your home and your house, and when the housing mortgage crisis occurs, and that happens and the only cushion that people had, we talk about the possibility of agriculture as part of it and not only a fiscal cliff, but a milk cliff, a nd this one numbe made it are very real for me, and this idea of once we go over the fiscal cliff, it looks like milk being $4 a gallon to $6 a gallon and you and i ha
there is not a lot of spare savings and that is why people like elizabeth warren and her daughter wrote about the two income trap for working parents. even people who consider themselves middle-class or by economic means middle-class, e they don't have a lot of room for error. and when you talk about breaks in employment, you dip into savings and people dip into the retirement funds, so fiscal cliff, we are talking about the national culture whereby in large, we don't have a pad of savings to...
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to is the fact that professor warren claimed she was a native american, a person of color. and as you can see, she's not. >> senator brown wants to raise an issue about my character, then i'll lay it out there. you know, when i was growing up, these are the stories i knew about my heritage. i believed my mother and my father and my aunts and my uncles and i never asked anybody for any documentation. >> well, i'll tell you, scott brown obviously lost that race. with john kerry going to state, scott walker's probably going to run in june, they could be serving together, what do you think about that? >> she knocked him out like manny pacquiao got knocked out, so forget that. she beat him down this last race, trust me. >> barack obama dealt the knockout blow. it wasn't this candidate, she was a very, very weak candidate by any standard. she's beloved by progressives but she won because barack obama was at the top of the ticket, let's get real. >> scott brown has a 58% favorability rating, it's likely he's the republican nominee and very like live he goes back to the senate. all
to is the fact that professor warren claimed she was a native american, a person of color. and as you can see, she's not. >> senator brown wants to raise an issue about my character, then i'll lay it out there. you know, when i was growing up, these are the stories i knew about my heritage. i believed my mother and my father and my aunts and my uncles and i never asked anybody for any documentation. >> well, i'll tell you, scott brown obviously lost that race. with john kerry going...
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here comes elizabeth warren. and then this happened on live tv. >> what do you want me to tell romney? i can't tell him. he can't do that to himself. >> sorry, clint. the empty chair won. but more than anything, 2012 was about fairness. it was the year of the great american debate of what kind of country we should be. what role government should play. americans voted for compassionate, hopeful and clear view. it was the year for the immigrants and the middle class and the poor. and it was an honor to be there to bring it to you. our "politics nation" family all yearlong. from reenacting dr. martin luther king's march from voter rights to broadcasting from dexter avenue when dr. king preached during the civil rights movement, to fighting for justice in florida, for young teen gunned down named travon martin. this year, americans showed the desire that people must be heard. and that is progress. no matter how much the resources were, if i were marching in florida or rallying in ohio or standing in maryland, i saw a
here comes elizabeth warren. and then this happened on live tv. >> what do you want me to tell romney? i can't tell him. he can't do that to himself. >> sorry, clint. the empty chair won. but more than anything, 2012 was about fairness. it was the year of the great american debate of what kind of country we should be. what role government should play. americans voted for compassionate, hopeful and clear view. it was the year for the immigrants and the middle class and the poor. and...
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not just bill gates, not just warren buffett but anyone with an income over $25,000. and don't forget, by the way, the payroll tax goes up, too. every worker is going to get it. >> social security tax. which no one is talking about. so that says to me that those are going back up anyway. that's about a thousand dollar cost. it doesn't sound like people have to worry about their taxes and -- most people. but what about the psychological impact? haven't we already seen it in christmas buying? haven't we already seen it in -- won't consumer confidence take a hit? won't businesses still say, be i don't know. i don't know what's happening? >> it already has, candy. this year's christmas shopping season was lackluster at best. you mentioned businesses. i talk to small business men and women all the time. they say, we are not hiring right now. we are just canceling a lot of our plans to make new expenditures which you need to do if you want a vibrant economy. we're really seeing the impact on the stock market. this is not a good way to run a railroad and the economy is alrea
not just bill gates, not just warren buffett but anyone with an income over $25,000. and don't forget, by the way, the payroll tax goes up, too. every worker is going to get it. >> social security tax. which no one is talking about. so that says to me that those are going back up anyway. that's about a thousand dollar cost. it doesn't sound like people have to worry about their taxes and -- most people. but what about the psychological impact? haven't we already seen it in christmas...
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warren is going to be a senator gu eric b. will always be the president. brian, drop that beat. we welcome you to movie metaphor club. today we link the fiscal slope talks to "pulp fiction." the tea party is yolanda. we finally get to the presidential debates, the political equivalent of fight club except the first rule of this fight club is you do talk about fight club. i'm not a boxer, heavyweight champion of the world. >> what do you mean is exactly right. >> since you're already making a fist, can we get to what a man really needs to know, how do you survive a bar fight? >> toure just missed the cut. >> that's why i take issue with that list but here is something i can totally get on board with. picture it people, toure 2016.com. >> we have the different iterations of toure -- >> oh, yeah. >> but the game was always that you could -- i got new information -- >> the game was that after toure -- >> beaming in from boca and being around here is giving me romnesia. i can't remember who i am. back from boca and recovering from my romnesia. i can't remember. >> i think we'll start
warren is going to be a senator gu eric b. will always be the president. brian, drop that beat. we welcome you to movie metaphor club. today we link the fiscal slope talks to "pulp fiction." the tea party is yolanda. we finally get to the presidential debates, the political equivalent of fight club except the first rule of this fight club is you do talk about fight club. i'm not a boxer, heavyweight champion of the world. >> what do you mean is exactly right. >> since...
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. >> warren buffett could pay off the deficit he wanted to. but it is to be that a deal will happen after january 1. does that make any difference? >> yes, it does. i think some of all this panic is a little bit overwrought. if they don't reach a deal in the next 22 hours or so, then we go into january, and the stakes get so much higher. as you said, people will start feeling immediately the effect of those higher taxes. and that will put the pressure on the congress and president reach a deal. if they don't reach a deal on december 31, which is my prediction, i believe sometime before the end of january, they will reach a deal. but my goodness. one of the things that is frustrating is we have known this day was coming for the last two years. yet here we are, 72 hours away and we don't have a resolution. gregg: this is a contrivance that they are desperately trying to fix. our member the president said in a debate, the debate, he said that i didn't come up with this. then bob woodward came out and said, yes, you did. you know, both a top aide
. >> warren buffett could pay off the deficit he wanted to. but it is to be that a deal will happen after january 1. does that make any difference? >> yes, it does. i think some of all this panic is a little bit overwrought. if they don't reach a deal in the next 22 hours or so, then we go into january, and the stakes get so much higher. as you said, people will start feeling immediately the effect of those higher taxes. and that will put the pressure on the congress and president...
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warren buffett, of course, going along with this. that's a longer conversation. >> still to come on "squawk" unless you've been living under a rock you know the fiscal cliff is just days away. what's going to happen? anybody -- >> rock? >> everybody. >> kind of like -- >> i don't know. will anybody be able to rise above? partisan politics and come to an agreement in the final days of the year? we're going to ask vice president biden's former chief economist jared bernstein. first, though, the economy held hostage in the words of one ceo. >> my name is terry, owner, president and ceo of a salon in princeton, new jersey. i've owned the company for two years, it's been here for about 30-plus years. we're pretty scared of the fiscal cliff for many reasons. one of which is four of my employees, there's so much uncertainty for them. my other biggest fear is not being able to sustain the business and grow it, and offer employment opportunities for others, as well as for us, how we're going to plan for the future. we have three weeks for a d
warren buffett, of course, going along with this. that's a longer conversation. >> still to come on "squawk" unless you've been living under a rock you know the fiscal cliff is just days away. what's going to happen? anybody -- >> rock? >> everybody. >> kind of like -- >> i don't know. will anybody be able to rise above? partisan politics and come to an agreement in the final days of the year? we're going to ask vice president biden's former chief...
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what do warren jeffs' faithful followers have to say about this? they are told to never talk to reporters. some use a reporter intimidation technique. large vehicles speeding and screeches by us. then emitting black smoke for added emphasis. one of the things we're hearing is that he's been talking about the possible end of times, end of the world and that people need to be faithful. is that your understanding of what he's been talking about also? >> i would rather not talk. >> reporter: a lot of ladies in this community don't want to talk to me. are you one of them? >> mm-hmm. >> reporter: the ladies are almost always polite. not always the case with men. can i just ask you, do you still believe in your prophet? do you not want to talk to me? but you do hear me? okay. you can tell me no comment. we can walk away instead of just being silent to me. were you told not to say any words? [ speaking foreign language ] >> reporter: what language are you speaking, sir? can i just ask you, do you believe the end of times is near at this point. >> that depe
what do warren jeffs' faithful followers have to say about this? they are told to never talk to reporters. some use a reporter intimidation technique. large vehicles speeding and screeches by us. then emitting black smoke for added emphasis. one of the things we're hearing is that he's been talking about the possible end of times, end of the world and that people need to be faithful. is that your understanding of what he's been talking about also? >> i would rather not talk. >>...
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he is polling below 50 and when he was running against elizabeth warren who started off not so well-known throughout the sate. i'm looking at nothing prohibitive and nothing he can't make up. it is more of a challenge for scott brown to push up. >> he had his rise and fall. he he lost by over five points. there was a lot of buzz. but i think the bloom is off that rose. congressman marquise is looking again and it is a tradition for massachusetts to provide the strongest liberal leadership in the country. the 7th district which you know well is the most liberal district is saying something. and then the index which looks at idealology is a 29 point gap. you have a lot of people in the house and you look at the fights and the republican party who are pulling the senate to the right even after they lose races i think it would be good for the senate to have a liberal in there. the guy he who i don't think anyone would beat is governor patrick. i think he would be the guy who could run away wit. but he said that back in november. i assume he is going to stick to that. but, you know, ed marquis
he is polling below 50 and when he was running against elizabeth warren who started off not so well-known throughout the sate. i'm looking at nothing prohibitive and nothing he can't make up. it is more of a challenge for scott brown to push up. >> he had his rise and fall. he he lost by over five points. there was a lot of buzz. but i think the bloom is off that rose. congressman marquise is looking again and it is a tradition for massachusetts to provide the strongest liberal leadership...
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i am in the warren buffett camp that believes this is a vote that is a fraudulent vote because it is a vote to say that america will pay the bills it has already incurred. now, i think that ought to be a no-brainer. i think every american would want its country to pay its bills, and we have the ability to pay our bills. i would hope that that would be taken off the table as an issue of partisan divide or used as leverage. it is somewhat like taking your child hostage and saying to somebody else "i will shoot my child if you do not do what i want done." there is no republican leader that does not want to default on our debt. that should be nonpartisan. taking care to pay our debts for a period of time -- and it is not endless -- perhaps is through january and maybe into february, that will be possible, but we should be acting on the debt limit before that, should be acting on it in a bipartisan method. both parties have used this as a partisan talking point. the difference is that no party up until last year, 2011, used it as something they thought was real that resulted in a downgrad
i am in the warren buffett camp that believes this is a vote that is a fraudulent vote because it is a vote to say that america will pay the bills it has already incurred. now, i think that ought to be a no-brainer. i think every american would want its country to pay its bills, and we have the ability to pay our bills. i would hope that that would be taken off the table as an issue of partisan divide or used as leverage. it is somewhat like taking your child hostage and saying to somebody else...
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your money needs an ally. >>> tonight, new concerns warren jeffs may be planning something dire from thhis prison sell. we have followed him for years now from his prison cell. he's serving a life sentence for sexually assaulting two underaged girls. now, the closing of a grocery store on the utah border has authorities on high alert. they're told that the world will end no later than this sunday. with the store now closed, what other preparations might they be making, and at what cost to themselves? gary tuchman went to utah looking for answers. >> it's warren jeffs' birthday, the imprisoned prophet of the lds church. in arizona and utah, his followers have a message for him. >> we send our love. >> by all accounts, the man they love is still making major decisions and pronouncements from behind bars, and church members almost never want to talk about that. why are you rubbing away from us? our bizarre comes at a tenuous time. sam is a investigator who has represented more than 100 former members of the flds church. >> the conkensenses seems to be that warren is indicating by the en
your money needs an ally. >>> tonight, new concerns warren jeffs may be planning something dire from thhis prison sell. we have followed him for years now from his prison cell. he's serving a life sentence for sexually assaulting two underaged girls. now, the closing of a grocery store on the utah border has authorities on high alert. they're told that the world will end no later than this sunday. with the store now closed, what other preparations might they be making, and at what cost...
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and they were about warren from the get-go. if they don't feel that way, especially in the special election when voter turnout is going to be low, anyway, it's going to be scott brown's to lose. >> and lastly, i'll just ask you, what is the level of disappointment that ben affleck is not going to run in the state of massachusetts or the commonwealth of massachusetts? >> i knew that one was coming. well, hey, you know, we were all surprised. we either heard jones that he was going to run and suddenly people were taking it seriously and he posted on his facebook page a rather serious posting that said, you know, i'm not going to do it but i'm ownered and thank you. i think there's a little bit of disappointment. certainly he would have had that star quality. but we'll move on to the next guy. >> yeah. i think that would have probably been the two best looking guys in the history to run against each other. thank you so much for joining us. >> thanks. >> the dysfunction of this honor may very well carry over in the 113th session wi
and they were about warren from the get-go. if they don't feel that way, especially in the special election when voter turnout is going to be low, anyway, it's going to be scott brown's to lose. >> and lastly, i'll just ask you, what is the level of disappointment that ben affleck is not going to run in the state of massachusetts or the commonwealth of massachusetts? >> i knew that one was coming. well, hey, you know, we were all surprised. we either heard jones that he was going to...
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>> i think it's warren beatty. >> and he says not. >> that's what my information was but again that information has not been updated for 40 years. [applause] >> now that that the turnpike extends past the city to the airport, any thoughts about revising the song? >> you mean the turnpike no longer ends in boston, it goes all the way to summer set, no. what town is the airport in? stockridge to chelsea. >> that's got a ring to it but it doesn't rhyme. that's the thing is the internal rhyme. that song has four rhyming schemes going at once. it's got to be boston unless they take it to austin, texas. [applause] >> i want to thank all of you for joining us this afternoon. i want to remind you of our next lunch on december 18, we have leon panetta, i'm sure if you have some advice on how to solve the fiscal cliff, i'm sure he'd like to hear that. >> while you are writing your next song, i'd like to present you with your coffee mug. it might give you some inspiration. >> thank you so much. [applause] >> i want to thank the national press club staff including the journalism broadcast center for organi
>> i think it's warren beatty. >> and he says not. >> that's what my information was but again that information has not been updated for 40 years. [applause] >> now that that the turnpike extends past the city to the airport, any thoughts about revising the song? >> you mean the turnpike no longer ends in boston, it goes all the way to summer set, no. what town is the airport in? stockridge to chelsea. >> that's got a ring to it but it doesn't rhyme. that's...
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Dec 25, 2012
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having elizabeth warren is too much to the left for that state. host: and barney frank? caller: i found him to be very divisive. host: was it is general demeanor or specific policies? caller: i think it was a combination of both. host: what comes to fiscal cliff issues, several agencies within washington, d.c. are planning should the deadline, and go without resolution -- fairfax, va., democrats line -- caller: dennis kucinich is the one true democrat that we had in the congress. he made more sense than was a true man of the people, in favor of ending the war is, stopping the ridiculous spending, and he will be greatly missed. i will not miss out on the west. host: from the world section of "the washington post" -- bronx, new york, republican line. caller: how are you? i will miss alan west the most because he is the only comedian. i like comedians. i am from the virgin islands anyway. nobody in the virgin islands like him. i like him because he was a comedian. i hope he does not exist anymore, thank you. host: this is from twitter -- jeff is on the phone from bedford, v
having elizabeth warren is too much to the left for that state. host: and barney frank? caller: i found him to be very divisive. host: was it is general demeanor or specific policies? caller: i think it was a combination of both. host: what comes to fiscal cliff issues, several agencies within washington, d.c. are planning should the deadline, and go without resolution -- fairfax, va., democrats line -- caller: dennis kucinich is the one true democrat that we had in the congress. he made more...
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Dec 24, 2012
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. >> senators kay bailey hutchison and mark warren yesterday segment nauling their willing tons talk about this, and most likely the conversation leading itself to do something about high magazine clips and what is defined as an assault weapon. is the climate right for a modernized assault weapons ban to pass through congress? especially if vice president joe biden and this inter-agency task force with muster enough support for it? >> it may be that there's more interest in a high capacity magazine ban. now, of course, it's interesting to hear a republican like kay bailey hutchison saying she's willing to look at that time. of course, she's leaving the senate. we haven't heard a lot of talk about high capacity megazeenz from other republicans who will be around. so, you know, the two things, that may have more prospect of passing. the trick with the assault weapons ban is going to be this. there was one ten years ago. there's no agreement on whether it was effective or not. the advocates say it was. some studies say it's hard to describe whether there's any decrease in crime. the oth
. >> senators kay bailey hutchison and mark warren yesterday segment nauling their willing tons talk about this, and most likely the conversation leading itself to do something about high magazine clips and what is defined as an assault weapon. is the climate right for a modernized assault weapons ban to pass through congress? especially if vice president joe biden and this inter-agency task force with muster enough support for it? >> it may be that there's more interest in a high...
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Dec 23, 2012
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also senator kent conrad and the senior pastor of the saddle back church, rick warren. south carolina republican, ohio republican congressman, and an independent senator, joseph lieberman. at 4:00, "face the nation." talking with nra president, such as kay bailey hutchison, senator mark warner, and also an interview with south carolina designator -- senate designate and ben affleck. rearing on c-span radio and brought to you as a public service by the networks and c- span. at noon, meet the press. 1:00, this week. at 2:00, fox news sunday. and at 4:00, face the nation from cbs. listen to them all on 90.1 fm in the d.c. area, nationwide on satellite radio channel 119. was in on your smartphone or go online. >> "washington journal" continues. host: the headline today from "the washington post." we're talking about the issue of gun control in our phone lines are open. the line for republicans -- democrats -- or on twitter. twitter.com/cspanwj. or journal@cspan.org. it talks about steve writing a letter to president bill clinton. his wife had just been shattered when a dera
also senator kent conrad and the senior pastor of the saddle back church, rick warren. south carolina republican, ohio republican congressman, and an independent senator, joseph lieberman. at 4:00, "face the nation." talking with nra president, such as kay bailey hutchison, senator mark warner, and also an interview with south carolina designator -- senate designate and ben affleck. rearing on c-span radio and brought to you as a public service by the networks and c- span. at noon,...
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Dec 22, 2012
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take them all, you know, from the pearl harbor commission to the warren commission to the 9/11 commission to this one. these official government commissions are partly designed to limit damage anton conceal as much as they reveal. what we didn't learn from this commission and we really need to know is what in the world is really going on in libya? who are our friends there? who are our enemies? what's the direction of post-gadhafi libya? can this kind of thing happen again in the report doesn't tell us. >> above and beyond, that's a good point. this seems like an intelligence failure, that we didn't know clearly enough that these guys were out there waiting in the wings to strike. they're always like this, yes? >> that's right. you know, you can label any number of intelligence failures. you know, the horrific failure of intelligence with regard to iraq and weapons of mass destruction. the intelligence community could even predict the demise of the soviet empire. time and again this happens. but let me say this. the american people have fairly short memories. 2016 is a long way away. all
take them all, you know, from the pearl harbor commission to the warren commission to the 9/11 commission to this one. these official government commissions are partly designed to limit damage anton conceal as much as they reveal. what we didn't learn from this commission and we really need to know is what in the world is really going on in libya? who are our friends there? who are our enemies? what's the direction of post-gadhafi libya? can this kind of thing happen again in the report doesn't...
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he, of course, was defeated in november by elizabeth warren but according to a recent poll yesterday in boston, he leads a generic unnamed democrat by ten points. he would be the favorite to take back that seat if republicans, but, you know, the white house went out to the governor of massachusetts and said, are there some democrat whose can run for this seat and give scott brown a fight and he said yes so it is not a "give me." but he is the favorite. >>gregg: chris, i want to change topics to the fiscal cliff. republicans and democrats, today, headed home for christmas break without any compromise. that means automatic tax increases and deep spending cuts locking increasingly likely on john 1. last night, house speaker boehner had to cancel a vote on his own plan "b" deficit reduction strategy after a stunning failure to gather enough republican support. that has some political analysts wondering about future of the house speaker's leadership role on capitol hill, but, today, speaker boehner tried to shift the pressure back to president obama regardless some house republicans are a
he, of course, was defeated in november by elizabeth warren but according to a recent poll yesterday in boston, he leads a generic unnamed democrat by ten points. he would be the favorite to take back that seat if republicans, but, you know, the white house went out to the governor of massachusetts and said, are there some democrat whose can run for this seat and give scott brown a fight and he said yes so it is not a "give me." but he is the favorite. >>gregg: chris, i want to...
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Dec 21, 2012
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even warren buffett, who wrote the editorial, says it is about time to pay at least the rate that wage earners have to make. i think the elites have basically broken faith with the people who go to work every day to make this country work. there are so many problems to be resolved, and all they are doing is to bickering among themselves. it is no wonder that congress only has a 9% or 12% approval rating. it is discussed the. i am almost ready for an occupy congress movement to take over and do the people's work. people are sick of this. we are being crushed by the cheap foreign labor, being crushed with jobs offshore. we have already gone over the fiscal cliff, and the millionaires are just trying to prevent themselves from going over. host: we are going to west virginia, the republicans were in. caller: i am calling because i think i am pretty much feeling the same way everyone else in the country is. president obama, even though i am a republican, he did work with congress. he extended the tax cuts for how many years now since they were to expire? i think it was in 2008. he has worke
even warren buffett, who wrote the editorial, says it is about time to pay at least the rate that wage earners have to make. i think the elites have basically broken faith with the people who go to work every day to make this country work. there are so many problems to be resolved, and all they are doing is to bickering among themselves. it is no wonder that congress only has a 9% or 12% approval rating. it is discussed the. i am almost ready for an occupy congress movement to take over and do...
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Dec 20, 2012
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and the one story that is written about in warren magnuson's biography by shelby scates is a story about how the two of them, both appropriators, when mount saint helen's grew up, senator magnuson went to senator inouye and said, we need about a billion dollars for the cleanup of mount saint helen's. if you can manly in 198 -- imagine in 1980 what a tremendous amount of money that was. senator inouye's response was, senator magnuson, we have volcanos blowing up all the time in hawaii and we never get a dime. and senator magnuson's response was, just wait, it will be your turn soon. so these are two individuals that forged a relationship, and along with jackson, were some of the big giants of our day in the united states senate. and we certainly in the state of washington benefited greatly from senator inouye's incredible help and support. i know that he traveled to our state many times at my request and participated in many different events, but patrol one of the most important things that he did for us in the state of washington was the puellab land claim settlement and how senator inou
and the one story that is written about in warren magnuson's biography by shelby scates is a story about how the two of them, both appropriators, when mount saint helen's grew up, senator magnuson went to senator inouye and said, we need about a billion dollars for the cleanup of mount saint helen's. if you can manly in 198 -- imagine in 1980 what a tremendous amount of money that was. senator inouye's response was, senator magnuson, we have volcanos blowing up all the time in hawaii and we...
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these are not people like warren buffett. we estimate 200,000 jobs to 700,000 jobs could be lost as a result of these tax increases. that does not help anyone. we need to be growing jobs and not losing them. host: deborah is a democrat in missouri -- beverly. caller: mary christmas. host: mary christmas -- merry christmas to you. caller: i have two questions. an analogy and then a question. my question is on the t adjustmentso th to the seniors - of-living is going to be down. my question, the federal employees and politicians get a cost-of-living. yet there's is always higher than the old people's. why is it not the same? i am sure it will take this gentleman 10 minutes to answer the question. my analogy is that charlie brown, president obama, the fiscal cliff football is always being yanked out from him by the nasty republicans in the house and senate. is it not time for you to let the american people have a touchdown? where is the jobs bill? you keep talking about jobs. i have not heard -- i watched the news all the time a
these are not people like warren buffett. we estimate 200,000 jobs to 700,000 jobs could be lost as a result of these tax increases. that does not help anyone. we need to be growing jobs and not losing them. host: deborah is a democrat in missouri -- beverly. caller: mary christmas. host: mary christmas -- merry christmas to you. caller: i have two questions. an analogy and then a question. my question is on the t adjustmentso th to the seniors - of-living is going to be down. my question, the...
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., warren rudman and of course mike mansfield. and on that picture, mike mansfield, then majority leader, had written to my friend, senator dan inouye, "with admiration, respect, and affection. ""i can't say it any better. mr. president, i yield the floor. the presiding officer: the senator from mississippi. mr. wicker: i ask unanimous consent that i be allowed to speak as if in morning business. the presiding officer: without objection. mr. wicker: mr. president, i rise tonight to pay tribute to jamie ray ellis, a beloved member of my staff who passed away on tuesday, november 27, at the age of 65. jamie he will lis ellis served d country proudly as a liaison in tomb location he handled veterans issued, a role he filled with compassion, ability, and integrity. it was a natural fit. jamie brought to the position his own background of military service and experience as a volunteer veteran service officer for the local chapter of the vietnam veterans of america. he had a deep understanding of the unique circumstances our veterans fa
., warren rudman and of course mike mansfield. and on that picture, mike mansfield, then majority leader, had written to my friend, senator dan inouye, "with admiration, respect, and affection. ""i can't say it any better. mr. president, i yield the floor. the presiding officer: the senator from mississippi. mr. wicker: i ask unanimous consent that i be allowed to speak as if in morning business. the presiding officer: without objection. mr. wicker: mr. president, i rise tonight...
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the coalition that took president obama and elizabeth warren, quite frankly to the top may not turn out in a special election and they are banking on -- on -- as close as it was -- it was much closer than romney and obama in massachusetts -- >> >> stephanie: right. and that's what they count on is less turnout, trying to suppress the vote. >> that's right. so the thing of it is is we need to really hone in on educating the voters in massachusetts. all hands on deck for this special election if in fact he does appoint john kerry. but in the short run they have won. in the long run, you know, it's incumbent upon us to make sure they are tone deaf. they still haven't heard the message, which is hey, you are kicking around another woman, this war on women continues. you have thrown her out for no reason, war on people of color. this is the coalition that will keep you out of power from now on. >> stephanie: yeah. >> and once again here is a woman who did absolutely nothing. >> stephanie: yep. >> and, you know, you pulled together this minority voice -- >> poor mccain. i still respect him st
the coalition that took president obama and elizabeth warren, quite frankly to the top may not turn out in a special election and they are banking on -- on -- as close as it was -- it was much closer than romney and obama in massachusetts -- >> >> stephanie: right. and that's what they count on is less turnout, trying to suppress the vote. >> that's right. so the thing of it is is we need to really hone in on educating the voters in massachusetts. all hands on deck for this...
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Dec 13, 2012
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it would open up his seat and scott brown was just defeated by l elizabeth warren and that would put him in place to have a run against whatever democrat would want to run as well. on the democratic side, i understand that he had he had markey, currently the congressman from massachusetts, he has been there for decades. seriously considering to go for the senate where even if he won he would be the low man on the totem pole. the picture for the republicans, it puts another senate seat in play and every senate seat matters where republicans actually lost seats this year. >> that would be a lively race for the united states senate in the state of massachusetts. all right. dana, let us know what is going on. thank very much. so what does all of this mean for president obama's next cabinet? our own gloria borger and ron bernstein are standing by live. also, in syria's deadly civil war, sometimes there are dramatic moments captured on video that are hard to believe. we're going to go to one of the country's sniper allies. arwa damon has an exclusive report. ults in 28 days. guaranteed or
it would open up his seat and scott brown was just defeated by l elizabeth warren and that would put him in place to have a run against whatever democrat would want to run as well. on the democratic side, i understand that he had he had markey, currently the congressman from massachusetts, he has been there for decades. seriously considering to go for the senate where even if he won he would be the low man on the totem pole. the picture for the republicans, it puts another senate seat in play...
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Dec 12, 2012
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even warren buffett, who is been a champion of raising taxes on the wealthy to make sure they pay their fair share, would not raise revenues over 18.5% of gdp. so we need to think about is it necessary, if you get more revenues, how do you ensure they do not go to more spending? what are we talking about taxes right now women have a spending problem? that is what i would like to offer at. thank you, very much. it is interesting that when you look at the exigency getting something done, it really is artificial. we have a date that congress put out there. that is what we have to act by. if we do not, we go off a cliff. i'm not suggesting by any stretch that we ought to do that. i am suggesting there is hyperbole on both sides to say we have to act now. they see this as a gate that should not be wasted. a crisis that should not be wasted. i am afraid that in rushing to judgment over an artificial date that the policies get the short shift. i am not suggesting we should go off the cliff. i do not think that is good policy. but these artificial baits have never produced good results. -- in o
even warren buffett, who is been a champion of raising taxes on the wealthy to make sure they pay their fair share, would not raise revenues over 18.5% of gdp. so we need to think about is it necessary, if you get more revenues, how do you ensure they do not go to more spending? what are we talking about taxes right now women have a spending problem? that is what i would like to offer at. thank you, very much. it is interesting that when you look at the exigency getting something done, it...
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mitt romney's way of talking is so warren jeffs. >> warren jeffs? >> caller: that weird kind of -- it is so warren jeffs. my comment was about boehner and mcconnell. their negotiating style is really lame and retarded. >> stephanie: oh well, that's probably not a word we should use. >> caller: they're just tired. they need to be retired. that's all. >> stephanie: yes i get it. all right. okay. not -- [ buzzer ] conservatives have no choice but to give in to white house demands. fiscal debate is to move to the main goal which is destroying the social safety net. according to several republicans yesterday on the sunday shows. there is a growing group of folks who are realizing we don't have a lot of cards. about corker. he's a cork. that one. tom cole said some of our people think we dig in and hold strong, we can stop it. that's just not the case. >> computer says yes. >> stephanie: now you're getting it. in my view, he said we all agree. we won't raise taxes on people who make less than $250,000. we should take them out of the discussion right now.
mitt romney's way of talking is so warren jeffs. >> warren jeffs? >> caller: that weird kind of -- it is so warren jeffs. my comment was about boehner and mcconnell. their negotiating style is really lame and retarded. >> stephanie: oh well, that's probably not a word we should use. >> caller: they're just tired. they need to be retired. that's all. >> stephanie: yes i get it. all right. okay. not -- [ buzzer ] conservatives have no choice but to give in to white...
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when the new senate is seated next month, elizabeth warren will take her place as a member of the banking committee. her commitment to reforming wall street after the credit bubble which gave us the great recession made her private enemy number one for wall street. she poured millions of dollars into the -- you should know that passage of dodd/frank was the start of the battle to reclaim our economy and warren will have enhanced power and visibility to wage that fight. finally, you should know that unnamed u.s. officials told nbc news this week the syrian military unloaded nerve gas into bombs that can be dropped on to the syrian population. the syrian president bashar assad continues to cling to power amid the civil war there. you should also know while syria admitted to gas, officials denied the new report and said they would never be used against syrians. fear can and has and likely will continue to drive military decisions here and aboard even in the absence of willful fear mongering. want to find out what my guests think we should know for the week coming up. back at the table, nora
when the new senate is seated next month, elizabeth warren will take her place as a member of the banking committee. her commitment to reforming wall street after the credit bubble which gave us the great recession made her private enemy number one for wall street. she poured millions of dollars into the -- you should know that passage of dodd/frank was the start of the battle to reclaim our economy and warren will have enhanced power and visibility to wage that fight. finally, you should know...
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Dec 8, 2012
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across the political spectrum, consider warren buffett and higher taxes for the rich. he wrote "our government's goal should be to bring in 18.5% revenue of gdp and spend about 21% of gdp. why? he doesn't say. those are levels attained over extended periods in the past. okay. well then. permit me a descent from the oracle of omaha. the average of our past revenue is not sufficient to sustain our future. in fact, it wasn't even enough to support our past. only three times in the past 50 years has the 18% been enough to balance the budget. all those times were in the '60s. the only recent balancing came during the clinton era when growth was strong. revenue ranged from 19.5% of the overall economy to 20.6%. by bumping along with the magic average of 18%, we have built the national debt that dominates the political discussion and it's going to get worse if we stay there. the future debt we're talking and worrying about is driven by two things. health care and old people. the coming years are going to have more of both. today the elderly make up 13% of the u.s. population.
across the political spectrum, consider warren buffett and higher taxes for the rich. he wrote "our government's goal should be to bring in 18.5% revenue of gdp and spend about 21% of gdp. why? he doesn't say. those are levels attained over extended periods in the past. okay. well then. permit me a descent from the oracle of omaha. the average of our past revenue is not sufficient to sustain our future. in fact, it wasn't even enough to support our past. only three times in the past 50...
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thank you. >> tonight at 7:00, mark warrener will discuss legislation he's sponsoring which will allow more highly skilled immigrants the u.s. that's live at 7:00 p.m. eastern on c-span. >> i think riders institute is something that's important within the culture. we are a culture of words of voices. words are key to our imagination, our capacity to envision things. we ourselves are not completely tied to print on the page of writing but i think that there is no other art form so readily accessible other than perhaps film. but there is something in literature that cap chures the hunal spirit. >> this weekend join book tv as we look tpwhind scenes at the literary life of new york's capital city albany. >> senators from new york and new jersey say hurricane sandy caused $5 billion worth of damage to rail subway and port infrastructure in their state. they testified on surface transportation yesterday. >> i call this hearing to order. thank you for joining us, mr. secretary. i asked you to testify today because i'm deeply concerned about the recent report that the f.h.a. could potentially
thank you. >> tonight at 7:00, mark warrener will discuss legislation he's sponsoring which will allow more highly skilled immigrants the u.s. that's live at 7:00 p.m. eastern on c-span. >> i think riders institute is something that's important within the culture. we are a culture of words of voices. words are key to our imagination, our capacity to envision things. we ourselves are not completely tied to print on the page of writing but i think that there is no other art form so...
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a lot of these top 1%ers like what warren buffets are saying tax me. i need consumers that are able to afford the product i sell. >> and again, you know the robin hood tax is the smartest thing i have heard all year. eliot spitzer has a great piece in slate this weekend, if you taxed half of a percentage you would fix the entire economy. you don't have any country without the middle class. what are you rich people going to run? >> stephanie: yeah. mitch mcconnell listen to this for a minute. >> what the president is really interested in is getting as much taxpayer money as he can, first by raising taxes on small business -- >> lie! lie! >> -- and then on everybody else. >> can one of steph's trolls call in and defend this guy. >> i have never seen this before! i'm flabbergasted. >> i demand a heated rock in my terrarium. >> my shell will protect me if i fall off the fiscal cliff. >> stephanie: nothing he said there was true. he doesn't want to raise taxes on everyone else. he wants to lower them on 98%. >> he wants the tax rate to go back to where it w
a lot of these top 1%ers like what warren buffets are saying tax me. i need consumers that are able to afford the product i sell. >> and again, you know the robin hood tax is the smartest thing i have heard all year. eliot spitzer has a great piece in slate this weekend, if you taxed half of a percentage you would fix the entire economy. you don't have any country without the middle class. what are you rich people going to run? >> stephanie: yeah. mitch mcconnell listen to this for...